Adeel Ahmad - Fca Email & Phone Number

As a Fractional CFO (fCFO) for various businesses, I have developed and implemented a range of financial strategies, including cost-cutting initiatives, cash flow forecasting, and improvements to the cash conversion cycle. I have also led the budgeting and forecasting processes, ensuring accurate financial planning, and prepared IFRS-compliant financial statements.Additionally, I have utilized Power BI to create dynamic visualizations that enhance data analysis, track trends, and support management decision-making and policy formulation. I have also played a key role in developing standard operating procedures (SOPs) to streamline operations and improve efficiency.In the area of tax and corporate compliance, I have advised companies on tax planning and the optimal corporate structures to follow, ensuring tax efficiency and regulatory compliance. My responsibilities have included the preparation and filing of tax returns and ensuring corporate compliance with relevant laws and regulations.

Islamabad

Regulatory Compliance and Corporate Governance- Implemented compliance with “Designated Non-Financial Business and Professions (DNFBP)” regulations. - Obtained NPO Certificate for section 42 NGO from “Pakistan Centre for Philanthropy”, a prerequisite for approval of Commissioner Inland revenue for not-for-profit tax credit recognition.- Managed the winding up of non-operational companies under Companies Easy Exit Regulations, 2017. - Deregistered closed companies.- Successfully managed the issuance of further share capital through right shares, other than right shares and bonus shares.- Completed all formalities of “issue of specie dividend /dividend in kind” of shares of a listed company.- Registered foreign investments by resident companies. - Remitted dividends from group resident companies to its non-resident / foreign shareholders. - Registered and renewed “Foreign Loan Agreements” with Regulatory Bank. - Registered with Regulatory Bank the transfer of securities between two non-resident shareholders of resident company.- Remitted principal repayments of “Foreign Currency Loans” through Authorized Dealer Banks. - Finalized Shareholders Agreement / Share Purchase Agreements in respect of various investments of the group.Team Collaboration and Communication- Corresponded with Authorized Dealers and obtained Regulatory Bank's approvals for investments abroad by residents.- Interacted with auditors, lawyers, and consultants of the group companies.- Collaborated with consultants to evaluate share valuation of various group companies.- Collaborating with banks for credit facilities renewals and extensions.Risk Management- Identified financial risks and implemented effective risk management policies to mitigate potential threats.- Developed and implemented “Standard Operating Procedures” for compliance “Ultimate Beneficial Ownership” and “Global Register of Beneficial Ownership” requirements.

Islāmābād, Pakistan

Financial Management and Reporting- Pioneered the creation of first ever consolidated financial statements of the holding company and its group companies consisting of 5 subsidiary and 4 associated companies.- Directed the monthly and annual budget and forecast process for the holding company and its subsidiaries.- Executed the scheduled preparation of timely and accurate management accounts and presenting them to the Board of Directors.- Prepared and filed annual Income Tax Return for holding company, group companies. - Oversaw and managed departmental operations.Strategic Financial Leadership and Planning- Developed and executed a Business Financial Feasibility Plan for a “Solid Municipal Waste Recycling and Manufacturing of Alternate Fuel” project (M/s Lahore Compost Pvt. Ltd. & M/s Ecocem Pakistan Pvt. Ltd.) in collaboration with M/s Lafarge Cement Ltd. Successfully finalized the deal in alignment with the company’s financial objectives. Subsequently, assumed the role of CFO for the project, overseeing its management from inception to operationalization.- Led the compliance process for International Financial Reporting Standards (IFRS) in the preparing annual financial statements for external audit of SHL and its group companies.- Directed and coordinated the fiscal year planning process to establish annual and long-term budgets and forecasts of SHL. Offered strategic financial input and leadership on decision making matters impacting the group and its subsidiaries. - Developed and executed financial strategies aligned with company/ group objectives.Investment Appraisal and Analysis- Formulated Investment Appraisal Plans of diverse Real Estate, Manufacturing and Carbon Credit Projects.- Led financial planning and analysis initiatives, actively participating in budgeting and forecasting processes.- Conducted feasibility studies and provided recommendations for future projects and acquisitions, utilizing metrics such as CAPEX, NPV & IRR.

I worked as a Chief Accountant in ICA. ICA is a first and only private investment in Afghanistan in highly untapped Insurance Industry. ICA is a subsidiary of SMN Holdings Limited which owns different companies in oil and petroleum, real estate and construction sector. My primary responsibilities included:• Preparation of financial statements under IFRS on quarterly and yearly basis.• Oversight and preparation of yearly external statutory audits.• Conducting internal audit throughout the year.• Oversight of ICA’s tax calculation and payments.• Further development of current Management Information System.• Advanced training of ICA’s Finance Department staff.• Review, restructuring and implementation of invoicing and voucher systems.• Analyzing data to monitor business performance and plan improvements.

Islāmābād, Pakistan

I worked with Saif Holdings Limited (SHL), a parent/ holding company of Saif Group of Companies. Saif Group owns diversified companies in Energy (Saif Energy Limited), Power (Saif Power Limited), Telecommunications (Transworld Associates (Pvt) Limited), Information Technology (Softech System (Pvt) Limited), Manufacturing (Lahore Compost (Pvt) Limited), Textile (Kohat Textile Mills, Saif Textile Mills, Mediterranean Textile Mills), Health (Saif Healthcare (Pvt) Limited) and Construction (Elite Estate (Pvt) Limited, Utopia Developers (Pvt) Limited) sector industries. My duties as Manager Finance and Financial Reporting include;• Preparation and finalizing for external audit of first ever Consolidated Financial Statements in history of Saif Group of Companies. The Group has five subsidiary companies and four associate companies.• Assisting in the preparation and external audit of Individual Financial Statements of Saif Holdings Limited.• Ensuring compliance with International Financial Reporting Standards (IFRS) and various Corporate Laws and Regulations, including Companies Ordinance, Foreign Exchange Regulations and Tax Laws.• Preparing Investment Plans, Business Plans and Feasibility Reports for future investments of the Group.• Preparation of Projected Cash Flows, Budgets and Forecasts of Saif Holdings Limited and various Group Companies.• Monitoring different companies/ projects of the Group regarding their funding requirements, performance and sustainability, and reporting and providing comments to Directors.• Dealing with banks for availing/ renewing credit facilities of Saif Holdings Limited, according to funding requirements of Saif Holdings Limited. • Heading Internal Audit function of Saif Holdings Limited.• Analysis and interpretation of monthly Financial Statements of Saif Holdings Limited.

Kabul, Kabul Province, Afghanistan

I worked with KPMG Afghanistan Limited as Supervisory Senior - Assurance/ Audit department. My duties include • Execution, assistance and finalization of the various audit assignments, while heading the team of five to ten persons at audit field work.• Checking compliance with various law and regulations applicable on various industries in Afghanistan, including IFRS and US GAAP.• Preparation and submitting of Donation Agreement Compliance Reports to Donor Agencies, as per their requirements.• Reporting on compliance and adequacy with Internal Control policies and procedures of the client.• Appraisal of financial, operational and control activities.• Carrying out various assignments of different clients, including preparation of Financial Statements under IFRS/ US GAAP, preparation of Internal Control Policies and Procedures Manual.• Preparation of Audit Working Paper File under KPMG Audit Manual (KAM) and participating in Internal Office Review (IOR) of KPMG.

Islāmābād, Pakistan

Worked in Assurance/ Audit department of KPMG Taseer Hadi & Co., Islamabad Office from March 2002 to April 2006 as an article ship trainee as per by laws of The Institute of Chartered Accountants of Pakistan (ICAP). During the tenure with KPMG Taseer Hadi & Co. I was engaged in the following duties and responsibilities:• Preparation and presentation of financial statements, including consolidated financial statements of various companies.• Checking the compliance of various laws and regulations applicable on various companies, listed and non-listed.• Reporting on compliance and adequacy with internal control policies and procedures of the client.• Reviewing corporate matters of client and reporting on them.• Involved in the different legal certification of clients. • Analysis and interpretation of financial statements.• Based on the guidelines drawn by the KPMG International, assessments of implemented internal controls on operational, financial and reporting systems of various entities.• Preparation of compliance reports to Donor agencies as per respective reporting requirements.• Reporting to regulatory authorities regarding compliance of secretarial and corporate laws applicable on quoted and un-quoted companies. • Preparation and assessment of zero based, incremental and flexible budgets.• Participated actively in the Inter office review (IOR), carried out by the KPMG International for quality improvements in audit work.• Timely planning, execution and completion of audit jobs.• Bridging the communication gap between client and Senior Managers.• Passing the knowledge gained during various jobs to junior staff and coordinating and supervising their work.• Meeting strict deadlines under work load and time pressure.• Pre-Funding Assessment of Public Sector Organizations on behalf of Foreign Donors.

Fellow Member Chartered Accountant (Fca), Accountancy, Auditing, Finance, Tax, Corporate

Associate Public Finance Accountant, Finance

Bachelors In Commerce, Commerce